65 Weybosset Street, Unit#122 & 123 & 023 Providence

$329,000
1,278 sq ft

The Property

Position your business at the center of Providence’s next retail evolution with a rare opportunity inside America’s first indoor shopping mall. Located within the iconic Arcade Providence—an 1828 National Historic Landmark—this combined 1,278 SF commercial offering (including 412 SF semi-finished lower-level storage) delivers unmatched historic significance, built-in consumer traffic, and strategic downtown visibility.

Comprised of three combined units with over $180,000 in recent renovations, this turnkey commercial condo is currently configured for fast-casual food service but offers flexible potential for boutique retail, hospitality, specialty food, or experiential concepts. Surrounded by thriving residential micro-lofts above, daily commuter flow, financial district professionals, and dense urban foot traffic, this asset provides immediate operational readiness in one of New England’s most architecturally significant retail destinations.

With the recent $133M acquisition of nearby Providence Place signaling renewed institutional confidence in Providence’s retail and mixed-use future, this offering presents a compelling entry point for regional investors, expanding brands, and visionary operators seeking to establish presence ahead of broader market momentum.

Historic pedigree. Strategic location. Turnkey flexibility. A flagship opportunity in the heart of downtown Providence.

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Listing Details

MLS Number

1411532

Lot Size:

0.47 acres

Features

  • Basement: Partial
  • Bus
  • Commuter Bus
  • Highway Access
  • Hospital
  • Interstate
  • Marina
  • Private School
  • Public School
  • Railroad
  • Recreational Facilities
  • Restaurants
  • Schools
  • Shopping
  • Restaurant
  • Heating: Central Air
  • Heating Fuel: Central Air
  • Sidewalks
  • Downtown
  • Free Standing
  • Historic
  • Shopping Mall
  • Urban
  • Year Built: 1828

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Market Trends for Commercial Properties
in Providence

  • Overview
    Homes for Sale Today78-89.9% decrease in inventory
    New on Market *2566.7% increase in new listings
    Avg. Asking Price/Sq.Ft. *$173.95$152 decrease in List Price/Sq.Ft.
    Avg. Sale Price *$375,000$602,500 decrease in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *84.62%-13.3% decrease in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$78.12$422 decrease in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *148105 increase in days on market

    * All data is calculated based on the last 30 days

  • Avg. Sale Price
  • Avg. Days on the Market
  • New Market Inventory
  • Lila's Estimate

    Realtors Property Resource

    This is an estimate home valuation provide by RPR. It is based on RPR’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    ...

    Zillow

    This is an estimate home valuation provide by Zillow. It is based on Zillow’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    Real value?

    Contact Us

    Online estimates take you only so far. One of our associates can give you a market analysis of what your homes value.

Listed by Bond Brokerage

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